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CDW Corp·4

Mar 9, 4:09 PM ET

Foxx Anthony R 4

Research Summary

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CDW Director Anthony R. Foxx Receives 1,609 RSU Award

What Happened
Anthony R. Foxx, a director of CDW Corporation (CDW), received a grant of 1,609 restricted stock units (RSUs) on 2026-03-05. The grant is recorded at $0.00 per share (an award, not an open-market purchase), so there was no cash exchanged at grant.

Key Details

  • Transaction date: 2026-03-05; Filing date: 2026-03-09 (filed within required Form 4 timeframe).
  • Transaction type/code: A = Award/Grant of 1,609 RSUs at $0.00.
  • Shares owned after transaction: Not specified in the provided filing (beneficial ownership from RSUs typically counts upon settlement).
  • Footnote: RSUs vest on the first anniversary of the grant (around 2027-03-05). Settlement into CDW common stock is deferred until five years after vesting (approximately 2032-03-05), per the CDW Long-Term Incentive Plan.
  • No indication of a 10b5-1 plan, tax withholding detail, or immediate sale in the filing.

Context
This was an equity compensation award to a director—not an outright purchase or sale—so it reflects compensation for service rather than an immediate trading signal. The multi-year deferral (vesting after 1 year, settlement 5 years after vesting) means Foxx will not receive or hold the underlying shares until the deferred settlement date, subject to plan terms.